History
Tim Barton founded Freightquote in August 1998. The first nine months were spent developing the company's technology and carrier partnerships. The website launched in May 1999. Freightquote has grown steadily since its inception.
Freightquote made its first significant acquisition in December 2005 with the purchase of Twin Modal, a truckload and intermodal transportation intermediary based in Minneapolis, MN. Then in January 2007, the company made its second major acquisition with the purchase of Rockwell Transportation. Based in the Philadelphia, PA, area, Rockwell provides traditional freight transportation management services, similar to those of Twin Modal.
The company currently employs over 1,200 employees and has annualized revenues exceeding $500 million, and helps move over 1 million shipments per year through Freightquote.
Read more about this topic: Freightquote.com
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